Recent theoretical and empirical work characterizes attention as a limited resource that decision-makers strategically … performance later. In this paper, we exploit high-frequency data on decision-making by Major League Baseball umpires to examine …

The thesis „Everyday Decision Making: A Theoretical and Empirical Study“ analyzes the individuals' decision-making and … that affect their decision-making process. Therefore, Chapter 2 provides a critical discussion on the validity of the …

-consistent expectations. This implicitly assumes unrealistic cognitive abilities on the part of economic decision makers. The relevant … question, however, is not whether the assumption can be literally correct, but how much it would matter to model decision … problems such as chess or go, in which decision makers look ahead only a finite distance into the future, and use a value …